A management company has been ordered to pay out more than £49,000 for fire safety failures at an HMO. Monsoon Properties Ltd admitted breaches relating to a range of issues at the flat in Londons Tavistock Place, including inadequate fire detection system, obstructions to t
First-time renters accounted for just 4.6% of new tenancies during the first five months of the year, as more would-be tenants rely on the hotel of Mum and Dad. With average monthly rents topping �1,000, young adults can save �12,290 by living rent-free with their parents each
A large County Court in London has written to its legal clients to warn them that some of their scheduled evictions face being cancelled or rescheduled. The announcement has been made by the Civil and Family Court in Barnet (main picture), one of the major hubs handling eviction
A landlord in Dartford has batted off a huge rent repayment order (RRO) claim made by her tenants after a judge dismissed the case during a virtual Property Tribunal hearing. Manjit Sanghera, who co-manages the family detached property on the outskirts of the Kentish town with h
Campaigning group the London Renters Union is targeting landlords in London by urging councils to come down much harder on failing properties. It has launched an action plan in Brent, detailing how the local authority should hold landlords accountable for more than 10,000 privat
Buy-to-let landlords will influence https://www.landlordzone.co.uk/sponsored/what-do-the-falling-house-prices-mean-for-landlords/" house prices if a large number choose to sell up, according to rating agency Moodys. The firm is predicting that prices will f
The average annual https://www.landlordzone.co.uk/news/battle-over-holiday-lets-hots-up-as-campaigning-mp-holds-meeting/" holiday let income exceeded buy-to-let income for the first time in 2020-21, reaching �15,600 compared with �13,400, according to HMRC.
Short-term let landlords in https://www.landlordzone.co.uk/news/edinburgh-chief-admits-burdensome-licencing-plan-will-hugely-reduce-holiday-lets/" Edinburgh have won their legal case against the councils licensing scheme. In the biggest crowdfunded case in
Almost two-thirds of surveyors have witnessed rising numbers of buy-to-let landlords looking to sell their properties. The https://www.rics.org/" Royal Institute of Chartered Surveyors (RICS) reports that a similar number have seen a drop in the level of inter
A new Parliamentary petition has been set up urging the government to ditch plans to remove assured shorthold tenancies. The LandlordZONE reader, who has a portfolio of properties in Yorkshire and Lancashire, was prompted to take action as he fears it could be the final nail in
Confusion surrounds the governments plans to introduce https://www.landlordzone.co.uk/news/blog-will-the-looming-pets-in-lets-rules-prove-pervasive/" pets in lets measures, with conflicting messages coming from the DLUHC. It has confirmed that the new
With increasing costs, inflation hovering around the 10 per cent mark and mortgage rates approaching 6 per cent theres lots of talk about increasing rents. Many landlords are unable to absorb these extra costs without going into losses, so for them theres little choice, th
This year our economy, regulations and taxes were the final straw that led landlords rushing to sell off their portfolios to beat the market drops, mortgage versus rent gaps a
May has brought more bad news for some landlords with the Nationwide Building Society reporting a 3.4% drop in house prices in the year to May 23 and interest rates that are expected to rise to 5.5.% later this year.
Estate agents have called for landlords who advertise sex for rent to be banned from the PRS for life. In its response to the governments https://www.gov.uk/government/consultations/exchange-of-sexual-relations-for-accommodation-sex-for-rent#:~:text=The%20consultatio
Redbridge Council in North London has given the go-ahead for a new borough-wide additional HMO licensing scheme. The scheme extends licensing to all HMOs with three or more tenants forming two or more households after the authoritys consultation disco
The Halifax revealed today that house prices have fallen on an annual basis for the first time since December 2012, by 1%. This means the average house value has declined by �132 which may not sound a lot but represents a seismic change after years of ultra-low interest rates p
Property educators are being urged to collaborate, learn, and shape the future of property education at The Property Investors Bureau Property Educators Summit. The invitation-only industry event aims to improve standards, foster collaboration, and add value to their business by
A commercial landlord whose building was damaged by two fires has been handed an 18-month suspended prison sentence, it has been reported. Wayne Braund, 52, owner of the former Strachan and Henshaw building in Foundry Lane, Bristol (pictured), admitted six fire safety breaches i
Guide to landlord responsibilities for fire-door safety—learn what checks and maintenance are required to keep your property compliant.
Property investor Rod Turner didnt find the thought of having tenants and being a landlord very appealing, but the turning point came in 2014 when he realised the London market wasnt proving positive for developments and that he needed to hold onto properties long term. As
The Court of Appeal has ruled that landlords are able to evict a tenant whose Assured Shorthold Tenancy commenced before 1st October 2015 even if the prescribed paperwork such an EPC or gas safety certificate have not been served. Most solicitors and landlords h
Tragic tenant death underscores landlords' duty to comply with fire safety laws, including smoke alarms, escape routes, and fire-resistant furnishings
Using a SIPP to invest in commercial property is perfectly possible and many business owners include their business premises in their pension pot, say Tom Entwistle.</h4>The Self-invested Personal Pension (SIPP) rules are quite complex so you need professional advice before embark
A Radio 5 podcast claims that growing numbers of landlords are asking tenants with a lack of renting history or poor credit score to stump up six months rent in advance, exacerbated by the climate of Covid-hit incomes. While the Tenant Fees Act bans most letting fees and caps
Harrow council has renewed its selective licensing scheme in a key ward despite opposition from landlords and the National Residential Landlords Association (NRLA). Under the scheme, all private rented properties in the London boroughs Wealdstone ward will have to pay �580 f
Superior landlords could find themselves hit by Rent Repayment Orders if the government decides to amend the upcoming Renters Reform Bill. Property lawyer at https://www.jmw.co.uk/" JMW , David Smith (main picture), says that despite the
We've all seen the news, with changes in regulations and tax and interest rate rises, landlords have been flocking to sell their property portfolios. But with so many properties, all full with tenants, some of them with problems, low rents or even rent skipping, how can you get out fast?
40 HMO operators convene at COHO's ManorMinds to discuss rising energy costs, exploring tech solutions and tenant education to manage bills.
Landlords financial contribution to upgrading properties in Wales should be linked to average market rents in any given area, suggests the NRLA . Under its proposals, landlords would need to contribute a minimum of �5,000, while those renting properties
Expert tips from landlord Richard Jackson on how to spot problematic tenants before signing, helping landlords avoid future rental issues.
The Supreme Court has ruled that Rent Repayment Orders cannot be made against a superior landlord. The landmark ruling has implications for rent-to-rent arrangements and means tenants cannot go after superior landlords property owners or leaseholders - when seeking redress.
A landlord will need to carry out repair or maintenance work on a buy-to-let property 72 times during their ownership, costing them more than £34,000, it has been revealed. Research by lettings and estate agent Benham and Reeves found that while pests are
The UKs competition watchdog is to launch an investigation into consumer rights for those rent their homes and the activities of landlords and letting agents. This announcement, which has been made by the Competition and Markets Authority (CMA), reveals that it intends to she
A cross-party group of MPs and peers has suggested that landlords who dont upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let propertie
The government has announced support for thousands more households including tenants living in HMOs - to help pay their energy bills. Households without a direct relationship to an electricity supplier are covered by thehttps://www.gov.uk/get-help-energy-bills/getti
As part of the Department for Levelling Up, Housing and Communities (DLUHC) levelling up� fund the money is to be used by the council to work proactively and engage with landlords�, in particular with those landlords who rent out houses in multiple occupation (HMOs) and own con
Property expert Kate Faulkner (main pic) says new rules to introduce professional qualifications for social housing managers are a slap in the face for the PRS� after years of lobbying for similar standards. The government has a
Scottish rent cap removal and Gwynedd's Article 4 Direction spark landlord concerns over housing supply and market stability.
A paltry nine cases were mediated in the governments pilot Rental Mediation Service - nowhere near the 3,000 cases it expected, it has been revealed. The Department of Levelling Up, Housing and Communities and the Minister of Justice had hoped that the pilot, which offered te
Landlords and letting agents need more information and financial help if the Boiler Upgrade Scheme is to succeed, according to Propertymark. In its evidence to the Lords Built Environment Committee inquiry into the scheme, the group says 48% of Propertymar
New leaseholder protections in the Building Safety Act 2022 came into force on 28 June 2022, with new financial protections for leaseholders in buildings above 11 metres or five storeys, those with historical safety defects. The new Building Safety Act 2022 was introduced follow
Facebook is facing mounting calls to more effectively police its Marketplace classified listings platform after numerous investigations by national media outlets. The most recent was last night (23rd February)https://www.itv.com/news/channel/2023-02-23/prolific-scammer-
A landlord pair who assaulted one of their tenants while trying to illegally evict her from their unlicensed HMO have been handed a rent repayment order totalling more than �22,300. Guangyu Chen and Xing Guo argued that their poor English and understanding of the PRS was an exc
Evictions expert Paul Shamplina has revealed that hes stepping back from his long-running role in TV series Nightmare Tenants, Slum Landlords. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://cdn.prod.website-files.com/
Yorks Residential Landlords Association (York RLA) wants to clarify why it decided not to proceed with further legal action over the city councils proposals to bring in an Additional Licencing scheme for HMOs. Both local media and LandlordZONE recently reported that it had
Council leaders, unions and renters groups have urged Housing Secretary Michael Gove to bring in an immediate rent freeze in a bid to prevent widespread homelessness. In an open letter, the 34 groups and individuals including London Renters Union, mayor of London Sadiq Kh
A disgruntled landlord has convinced a judge to have his rent repayment order case re-heard after arguing that council systems hindered his ability to apply for an HMO licence during the pandemic. Paul Fashade was told to pay three tenants a total of �11,
The government should raise the stamp duty surcharge on BTL purchases to favour those buying their own home, according to a new report from Joseph Rowntree Foundation (JRF). The social change group believes the surcharge should at least double to effectively disincentivise specu
Citizens Advice has urged the government to extend Awaabs law to the PRS to help the estimated 1.6 million children living in damp, mouldy or excessively cold privately rented homes. Awaab Ishtak died aged just two years old after living in a mouldy and
A new survey has downplayed the scale of landlords ready to quit the sector due to heavy-handed government regulations and upcoming legislation. Leaders Romans Groups poll of 271 landlords found that only 7% plan to sell up in the next year while 12% aim to reduce their portf
